Trump plans to raise the wealthy tax rate to 39.6%, causing divisions within the Republican Party.

According to Deep Tide TechFlow news on May 9, as reported by Jin10 data, Trump proposed raising the tax rate for the wealthy to 39.6%, targeting individuals with an annual income of $2.5 million or couples with an income of over $5 million. This proposal would bring the highest tax rate back to the level before the 2017 tax cut policy, which is currently at 37%.

U.S. Commerce Secretary Raimondo expressed support for this proposal. Trump's move aims to raise funds for his economic plan while avoiding cuts to welfare programs such as Medicaid. However, this proposal, which breaks the traditional Republican stance on tax cuts, has sparked intense debate within the party, with several Republican leaders expressing concerns about tax increases, fearing it could lead to a loss of political support.

The Republican chief of the Senate Finance Committee, Crapo, was cautious in his attitude, stating "does not feel excited," but acknowledged that due to presidential support, this will be an important factor to consider.